Trade credit
Cyber pricing hardens over 30%, says Aon
Market conditions for cyber insurance in the UK remain challenging with prices hardening by over 30% for the first quarter, according to an update by Aon.
DR&P buys Channing Lucas & Partners
DR&P Group bought a 90% stake in Lloyd’s broker Channing Lucas & Partners late last year, according to a filing at Companies House.
Biba develops trade credit guide
The British Insurance Brokers’ Association has launched a new guide explaining the need for, and the benefits of, trade credit insurance.
Euler Hermes rebrands as Allianz Trade
The provider has been fully part of Allianz Group since 2018.
Xenia reveals plans to triple in size within four years
CEO Tim Coles tells Insurance Age about his ambitious growth plans and shares his views on the trade credit insurance market.
Xenia buys Northampton-based broker
Deal is the trade credit specialist's seventh since its launch in 2019.
Xenia buys two specialist teams from Lloyd's broker PNP
The deal sees the Nexus-owned business expand into the financial and specialty risks market.
Blog: Supporting businesses in a pandemic
James Burgess, of trade credit specialist Atradius, explains how the sector has had to evolve to help clients throughout the Covid-19 crisis.
Euler Hermes names Sarah Murrow as CEO for UK and Ireland
She succeeds Milo Bogaerts, who is moving to become CEO of Euler Hermes Northern Europe Region.
Government closes £10bn trade credit scheme and announces market review
The temporary measure was developed to respond to the Covid-19 pandemic as government also announces a review to ensure outcomes are good for consumers.
Xenia buys West Midlands-based trade credit broker
The Nexus-owned business says Credit Insurance Alliance Brokers will be integrated with its Credit Risk Solutions unit.
Nexus-owned Xenia buys Status Credit
Deal will see the East Sussex-based trade credit broker become part of Xenia in April.
SRG buys trade credit specialist
The Channel Partnership was founded in 1992 and is SRG's third deal this year.
Blog: Supporting confidence to trade amid twin disasters of Covid and Brexit
Milo Bogaerts, of trade credit specialists Euler Hermes, explores how the extension of the UK trade credit insurance state support scheme will help brokers and carriers create the confidence to trade for their clients.
Scheme to protect credit insurance transactions extended
The UK government, the Association of British Insurers (ABI), Euler Hermes and other underwriters have agreed to extend the State Support Scheme as providers warn of increased insolvencies.
In Person: Andrew and Richard Bartlett
Bartlett Group’s joint MDs tell Insurance Age about the history of the family business, plans for the future and what it felt like to win at the 2020 UK Broker Awards.
Nexus unites trade credit broking teams under Xenia brand
The business bought trade credit brokers Credit and Business Finance in March 2019 and Credit Risk Solutions in October 2017.
Euler Hermes hires new RICC director for UK and Ireland
Andrew Hodson moves across from the Allianz-owned insurer's Paris office.
Insurance Covid-Cast: Insurtech 100 special – 'Distribution Focus' with Hokodo, Kasko and Wrisk
In the 23rd episode of Post and Insurance Age’s video series we gathered together a trio of start-ups featured in the Insurtech 100, all of which are focused on the distribution of products through the business-to-business-to-consumer channel.
Government backs trade credit insurance with £10bn guarantee
The guarantees will support supply chains and help businesses during the coronavirus pandemic.
Covid-19: Industry welcomes government-backed trade credit reinsurance scheme
Biba CEO Steve White says trade body worked with the government, the ABI and the Confederation of British Industry to find a solution after brokers in the trade credit sector said they found it “extremely difficult” to place new business.
Bollington Wilson buys trade credit specialist
Deal follows its purchase of Ashgrove Insurance Services last month.
Nexus buys specialty MGA Plus Risk Limited
Nexus group CEO Colin Thompson says to expect more acquisitions.
Nexus buys Credit & Business Finance
The MGA has also created a broking arm, Xenia Broking Group.